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October 12, 2007 08:54PM
http://peakoil.com/modules.php?name=News&file=article&sid=31789

Oil hits record, pushes past $84 a barrel


Declining inventories, potential trouble with Turkey and projections for a colder winter push crude to $84 a barrel

NEW YORK (CNNMoney.com) -- Oil prices hit a record high Friday on news of dwindling stockpiles, potential trouble with Turkey and projections for a colder winter.

U.S. crude for November delivery rose 50 cents to 83.85 a barrel on the New York Mercantile Exchange, after hitting a high of $84.05 a barrel earlier in the session. The previous trading record was $83.90 set Sept. 20.
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